I tried to short more today, unfortunately TD Ameritrade has no more shares to lend me. Next week, I'll check to see if Scottrade has more shares for me to borrow.
I'll cover when it goes somewhere below 150.
Earnings season is almost over. The market as a whole will drift down, in my opinion. So, invest defensively.
It's like a bear market rally, fierce and violent. When bottom fishers are done with their "bargain" deals, sellers will again take control pushing the price even lower. O2O is new to BIDU, will it succeed facing inexorably intense competitions??? In the mean time, enjoy many quarters of zero or negative growth.
Bury your head in the sand ...
Do most of the people have that patience?
IRWD is doomed.